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Hyun Song Shin @HyunSongShin

, 3 tweets, 1 min read Read on Twitter

https://twitter.com/adam_tooze/status/1025033479262597120

https://twitter.com/adam_tooze/status/1025033479262597120

BIS working paper on the dollar funding of global banks and their business models

https://twitter.com/adam_tooze/status/1025033479262597120

Diversity in business models explains why market anomalies such as the deviation from covered interest parity differs so much across currencies

Also examines how banks’ reliance on US money market funds for dollar funding has evolved since the crisis

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https://twitter.com/BIS_org/status/1030362593880403969

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Jo Michell @JoMicheII

@ericlonners

This is probably against my best interest, but it's Friday afternoon. So, inspired by @ericlonners and @Undercoverhist -- and with no responsibility for errors...

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by @Undercoverhist view original on Twitter

one like = one theory of the rate of interest.

1. Aristotle: "And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural."

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